{
  "ticker": {
    "uuid": "756c3906-718f-4931-810f-4ba1c1b8940a",
    "symbol": "603787",
    "name": "Jiangsu Xinri E-Vehicle Co., Ltd.",
    "exchange": "SHH",
    "country": "CN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "000001.SS",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -50.544,
    "architecture_energy": 47.653,
    "architecture_maturity": 93.023,
    "architecture_confidence": 66.398,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 16.82,
        "rotation_up": 27.58,
        "upward_expansion": 20.29,
        "deceleration": 66.98,
        "rotation_down": 43.46,
        "downward_expansion": 70.29
      },
      "activity_lines": [
        9.689333,
        9.624727,
        10.169146,
        10.903069
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 10.02,
    "trend_reference": 11.792259,
    "distance_from_trend": -0.15029,
    "trend_direction": "Weakening",
    "fair_value": 11.531768,
    "distance_from_fair_value": -0.131096,
    "fair_value_direction": "Weakening",
    "relative_strength": -18.114963,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.220111,
    "excess_performance": -0.176907,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.15029,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.102018,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.131096,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.133281,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.18115,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.044789,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.220111,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.438922,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 37463400,
      "relative_activity": 1.150621,
      "balance": 0.438922,
      "dry_up": 0.609983,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.071048,
      "annualized_volatility": 0.326874,
      "from_high_reference": -0.408816,
      "from_low_reference": 0.113333
    },
    "levels": {
      "trend_reference": 11.792259,
      "fair_value_reference": 11.531768,
      "structural_low": 9.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
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        "horizon": "Near term",
        "sample_count": 30,
        "median_return": -0.017203,
        "positive_rate": 0.433333,
        "directional_follow_through": 0.533333,
        "median_excess_return": -0.02516,
        "regime_survival": 0.866667,
        "best_return": 0.247986,
        "worst_return": -0.174427,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": -0.019364,
        "positive_rate": 0.4,
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        "median_excess_return": 0.036897,
        "regime_survival": 0.6,
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        "worst_return": -0.407648,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.002875,
        "positive_rate": 0.5,
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        "regime_survival": 0.333333,
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        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
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        "sufficient": false
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        "regime": "balance",
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      {
        "regime": "deceleration",
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      {
        "regime": "downward_expansion",
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      {
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        "stage": 4,
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      },
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        "relative_strength": -20.303953,
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        "modifier": "Established contraction",
        "gate": "down",
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        "energy": 84.740307,
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      },
      {
        "date": "2026-07-24",
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        "typical_volume": 31739616.15,
        "trend": 12.026773,
        "fair_value": 11.617519,
        "relative_strength": -22.687586,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.053682,
        "energy": 72.941087,
        "activity_lines": [
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      },
      {
        "date": "2026-07-31",
        "close": 9.75,
        "volume": 11495600,
        "typical_volume": 31658081.15,
        "trend": 11.922516,
        "fair_value": 11.5716,
        "relative_strength": -18.537879,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.935738,
        "energy": 61.009924,
        "activity_lines": [
          9.526,
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      },
      {
        "date": "2026-08-07",
        "close": 10.02,
        "volume": 37463400,
        "typical_volume": 32559276.95,
        "trend": 11.792259,
        "fair_value": 11.531768,
        "relative_strength": -18.114963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.543626,
        "energy": 47.653095,
        "activity_lines": [
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      }
    ],
    "method": {
      "price_basis": "completed market observations",
      "trend": "Trend provides the primary directional reference.",
      "fair_value": "Fair Value provides long-term price context and is not a forecast or target.",
      "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.",
      "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read."
    }
  }
}